Bribery allegations

FOXCONN, one of the world's biggest contract electronics makers, has said it is being investigated by Chinese authorities over bribery allegations.

The comments followed a report by Taiwan's Next Magazine, which claimed a Foxconn manager was detained because he sought bribes from suppliers.

Foxconn said it was co-operating with the probe and was reviewing processes. This is the latest problem to hit Foxconn, which makes products for firms such as Apple, Panasonic, Samsung and Sony. The company was founded by Terry Gou and has previously admitted to hiring underage interns and has had worker suicides at its factories in China. In response Foxconn said it was carrying out an internal investigation into the allegations.

It said it was also looking to implement measures that would prevent such incidents from happening.